The Challenge
Beta A2 aimed to enhance export revenue and navigate the complexities of the R&D Tax Incentive program (under the supervision and control of RJED Consulting), particularly concerning the eligibility of their base formula product.
Strategic Role
- Export Market Development Grant Utilisation: Assisted in maximising the Export Market Development grant, leading to a significant increase in export revenue.
- R&D Tax Incentive Navigation: Helped Beta A2 confirm the eligibility of their base formula, managing substantial costs associated with product prototypes and experimental development.
- Representation in AusIndustry Review: Ensured swift fund release for ongoing R&D efforts through effective representation (under the supervision and control of RJED Consulting).
Outcomes
- Increased Export Revenue: Achieved a remarkable increase in export revenue.
- R&D Incentive Maximisation: Successfully leveraged the R&D Tax Incentive for Beta A2's growth.
- Effective Cost Management: Expertly managed costs related to R&D prototypes and development.
Conclusion
Grant Help's expertise in grants management and strategic insights were vital in resolving eligibility concerns and maximising benefits for Beta A2, highlighting the importance of professional guidance in grant navigation and business growth.